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Saab calls off deal with Chinese automaker

Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.

Hyundai announces Shell as partner for 2014 rally return

By Damion Smy First Official Pictures 10 December 2013 12:00 Hyundai has announced Shell as the major sponsor of its World Rally Championship and revealed its 2014 livery ahead of its first event – the Monte Carlo Rally – in January. The official name of the team is the Hyundai Shell World Rally Team. It also confirmed a new sub-brand to build road-going performance cars, called N, with further details to be announced.

GM to recall 1.5 million vehicles for fire risk

General Motors Co. said it is recalling 1.5 million vehicles with heated washer-fluid systems following engine fires that occurred even after a 2008 fix on many of the same cars for similar problems. The recalls, to begin by June 14, will affect 18 models of 2006-2009 Buicks, Cadillacs, Chevrolets, GMCs, Hummers and Saturns, the National Highway Traffic Safety Administration said on its Web site today.